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The Bank of England has extended direct access to Real Time Gross Settlement (RTGS) accounts to non-bank payment service providers as part of a wide-ranging effort to inject more competition and innovation into the UK’s payments systems. The widely-trailed move is expected to open up a competitive space which has long been the preserve of [...]
The post BoE allows UK’s non-bank PSPs to gain access to RTGS accounts appeared first on Payments Cards & Mobile.
